Brent crude futures saw a slight increase at the beginning of trading on Thursday due to Israeli tanks moving into Gaza. Meanwhile, U.S. crude futures declined as there is a possibility of oil inventories increasing.
Specifically, Brent crude futures for August delivery rose by 8 cents, reaching $85.15 per barrel at 0008 GMT. Conversely, U.S. West Texas Intermediate crude for June dropped by 27 cents or 0.3%, settling at $81.30 per barrel.
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